Wellsboro Shared Homes Inc

Organization Overview

Wellsboro Shared Homes Inc is located in Wellsboro, PA. The organization was established in 1989. According to its NTEE Classification (O52) the organization is classified as: Youth Development - Agricultural, under the broad grouping of Youth Development and related organizations. As of 12/2021, Wellsboro Shared Homes Inc employed 18 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wellsboro Shared Homes Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Wellsboro Shared Homes Inc generated $421.2k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.6%) each year. All expenses for the organization totaled $501.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (0.4%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE LOW-COST HOUSING TO ELDERLY RESIDENTS OF THE WELLSBORO PA AREA

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PROVIDE LOW-COST HOUSING TO ELDERLY RESIDENTS OF THE WELLSBORO, PA AREA


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Board, Officers & Key Employees

Name (title)Compensation
Barbara Cleveland
Assistant Executive Office
$40,400
Whitney Holley
Assistant Executive Office
$21,454
Julie Cook
Assistant Executive Office
$11,375
Virginia Jackson
Assistant Executive Office
$2,022
Larue Kreger
Vice Chairman
$0
Larry West
Chairman
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $10,979
All other contributions, gifts, grants, and similar amounts not included above$67,310
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$78,289
Total Program Service Revenue$342,871
Investment income $7
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $421,167

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Wellsboro Shared Homes Inc has recieved totaling $7,740.

Awarding OrganizationAmount
Ernest L Sweet & Mildred Roberts Sweet Foundation

Wellsboro, PA

PURPOSE: RELACEMENT OFSTAIRS

$4,500
Horace B Packer Foundation Inc

Wellsboro, PA

PURPOSE: SEAL PARKINGLOT

$2,860
Dunham Family Foundation

Wellsboro, PA

PURPOSE: POWER WASHING

$380
View Grant Recipient Profile

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